Fuxing Corporation: It is estimated that the net loss in the first half of 2026 will be between 16 billion and 24 billion yuan.

date
14/07/2026
Fuxing Corporation Announcement: It is estimated that the net loss attributable to the shareholders of the listed company from January 1, 2026 to June 30, 2026 will be between 1.6 billion to 2.4 billion yuan, compared to a loss of 658 million yuan in the same period last year. The settlement scale of the company's real estate development projects continues to decline, combined with changes in the industry and market operating environment, resulting in a low comprehensive gross profit margin. The company will accordingly make additional provision for asset impairment.